Seaplace and Magnomatics’ joint turbine project has been shortlisted for the EUREKA Global Project of the Year 2019.
A consortium comprising Seaplace and Magnomatics, led by Seaplace, is working on the Floating tension-tethered and self-steerable Marine-current Turbine (FTMC Turbine) project, designed to harness the energy from tidal and ocean currents.
“We are excited to have our FTMC Turbine project shortlisted for the EUREKA Global Project of the Year 2019,” Magnomatics wrote on its social media.
The award recognizes a project that has achieved the biggest impact within the EUREKA portfolio.
This project is co-financed by the Eurostars Program, a joint programme between EUREKA and the European Commission, which supports projects of SMEs intensive in R&D, and is monitored by CDTI in Spain and Innovate UK in United Kingdom.
The combination of a TLP-like (Tension Leg Platform) mooring and a simple floater arranged as a nozzle makes the concept feasible, Seaplace noted.